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Home Bankers Banker claims Gloucestershire multi-millionaire subjected her to 'octopussy' experi...

Banker claims Gloucestershire multi-millionaire subjected her to ‘octopussy’ experi…

A young investment banker has told a court that multi millionaire hedge fund manager Crispin Odey subjected her to “an octopus experience”.

Crispin Odey is on trial at Hendon Magistrates’ Court, where he denies indecently assaulting the woman at his home in Chelsea, west London.

The court has heard that she was a junior employee at a well-known investment bank of which he was a client at the time of the alleged sexual assault.

The court was told the alleged ­victim had wrongly assumed Odey’s wife would be home when he invited her back to his house following a work meeting at his office in Grosvenor Square.

But she says he ordered a Chinese takeaway, then showered and changed out of his suit into a robe before putting his hand down her shirt to touch her breast and reach up her skirt.

Married Odey, who has a home in the Forest of Dean in Gloucestershire admits he propositioned the woman but denies any physical contact.

Under cross-examination by Crispin Aylett QC, defending, the complainant said: “He was next to me. It was sort of like an octopussy-type manoeuvre.

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“The first thing I remember was actually on my back. Then, it was like a scramble of hands, it was like a groping event, is the only way to describe it.

“I referred to it like an octopus experience, this physical engagement. I don’t remember the exact choreography.”

Mr Aylett said: “Or is it the case this didn’t happen at all and that’s why you can’t remember the choreography?”

The woman replied: “Well we disagree on that.”

She also disagreed when the barrister said: “I’m suggesting to you that Crispin Odey didn’t touch you in any way at all in a sexual sense inside the house at Swan Walk.”

Another colleague said to have been at the meeting said he had “no recollection” but added that Odey, with whom he still has a professional relationship, is “nothing but a complete gentleman”.

“He’s a very open person. Controversial but certainly honest and honourable,” he said.

Odey, who founded Odey Asset Management in 1991, was interviewed by police in March 2019, and strenuously denied indecent assault.

In a transcript read to the court, he said: “She left because I made a lewd suggestion…I probably misread the signals. I offered her a drink and I poured her some wine.

“She said, where do you think this is all going to lead? I said, this is all going to bed. She was obviously appalled…she said, I am taken aback, and she left.”

The woman must have developed a “bitter hatred” of him, Odey said.

Mr Aylett failed to have the case ­dismissed and the hearing was adjourned until March 11.

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